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Updated over 10 years ago on . Most recent reply

Patrick Britton's profile image
Patrick Britton's profile image
Patrick Britton
  • from Ann Arbor, MI
  • Member since Jul 31, 2014
Connect

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Patrick Britton's profile image
Patrick Britton's profile image
Patrick Britton
  • from Ann Arbor, MI
  • Member since Jul 31, 2014
Connect
Patrick Britton
  • Ann Arbor, MI
995
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1,509
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Innovative Strategies

Selling on land contract with existing lien - HELOC

Patrick Britton
  • Ann Arbor, MI
Posted

Hi,

are you able to sell a property on a land contract if there is an existing lien on the property? I heard "yes" so long as the current lender provides approval in writing. However, is the same possibly true of a HELOC? Will it vary from state to state?

any additional info and opinions on this are welcome and appreciated.

cheers

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